Back to Profitus offerings
CrowdSpace is not liable for the content presented in this offering. Check with the information on the official Profitus website and make informed decisions based on your own research.

Introducing financing project "Butas Zirmunu gatveje (antrine hipoteka)". The project owner is applying for a second mortgage for the purchase of the property, which he will later furnish with his own funds. The amount to be raised is EUR 17 000.

Objective of the project:
The project funds will be used for the purchase of an apartment of 61.39 square metres. The owner of the project is buying the apartment with a purchase price of EUR 122 00. The apartment is intended to be furnished as two separate apartments. Once these works are completed, the apartment will be sold. The estimated sales income is EUR 198 000. The rental income will be used to cover the loan.

To secure the interests of investors, real estate is pledged with a secondary mortgage:
The mortgage securing the investors' interests is an apartment in Vilnius, 38-48 Zrmunu Street, built in 1966, with an area of 61.39 square metres. According to an independent real estate appraiser, the value of the mortgaged real estate is EUR 122 000.

Interest by investment amount:
- From EUR 100 to EUR 499 - 10%
- From EUR 500 to EUR 1 999 - 10.5%
- From EUR 2 000 to EUR 4 999 - 11%
- From EUR 5 000 to EUR 9 999 - 11.5%
- From 10 000 - 12%
Important: investments made separately are not aggregated.

We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros, secured by real estate or warranty. It operates 24/7 and collaborates with Paysera, Trustly, and Creditinfo.

Minimum investment
100 EUR
Advertised return
10.36%
Investors
33,404
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
N/A
What does Profitus offer?

Profitus is a crowdfunding and investment platform whose main goal is to make investment available to everyone. Investments start at 100 euros, and the platform is open 24/7. Investments are secured by pledging real estate and other collateral (e.g., indemnity or warranty). Different projects have different security tools that users can access in self-service for each project.

Profitus consults with the Bank of Lithuania in order to ensure perfect compliance with the law. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.

Profitus alternatives

crowdfunding report 2023
Get our latest European Crowdfunding Market Report 2023

Our brand new report gives insights into the state of the crowdfunding market in general and goes in-depth regarding funding volumes, backer and fundraiser profiles, regulatory implications, technical challenges and more. Grab your copy, it's FREE!